Cetera Investment Advisers Sells 677 Shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC)

Cetera Investment Advisers cut its holdings in shares of Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) by 0.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 378,586 shares of the company’s stock after selling 677 shares during the period. Cetera Investment Advisers’ holdings in Pacer Trendpilot US Mid Cap ETF were worth $13,173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PTMC. Private Advisor Group LLC raised its position in Pacer Trendpilot US Mid Cap ETF by 2.8% in the 2nd quarter. Private Advisor Group LLC now owns 15,873 shares of the company’s stock valued at $552,000 after buying an additional 425 shares during the last quarter. Strategic Financial Partners Ltd. raised its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 5.5% in the second quarter. Strategic Financial Partners Ltd. now owns 10,131 shares of the company’s stock valued at $353,000 after purchasing an additional 525 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 1.0% during the first quarter. Commonwealth Equity Services LLC now owns 74,677 shares of the company’s stock valued at $2,691,000 after purchasing an additional 714 shares in the last quarter. MONECO Advisors LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 4.8% during the second quarter. MONECO Advisors LLC now owns 18,151 shares of the company’s stock valued at $632,000 after purchasing an additional 838 shares in the last quarter. Finally, Register Financial Advisors LLC purchased a new position in Pacer Trendpilot US Mid Cap ETF during the first quarter worth about $31,000.

Pacer Trendpilot US Mid Cap ETF Stock Performance

BATS:PTMC opened at $37.09 on Friday. Pacer Trendpilot US Mid Cap ETF has a 52 week low of $27.10 and a 52 week high of $32.86. The firm has a 50-day moving average price of $36.02 and a two-hundred day moving average price of $35.39. The firm has a market cap of $420.97 million, a price-to-earnings ratio of 15.45 and a beta of 0.79.

Pacer Trendpilot US Mid Cap ETF Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.